Appian (NASDAQ:APPN) Releases FY 2026 Earnings Guidance

Appian (NASDAQ:APPN) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.940-1.050 for the period, compared to the consensus estimate of 0.780. The company issued revenue guidance of $819.0 million-$831.0 million, compared to the consensus revenue estimate of $810.6 million. Appian also updated its Q2 2026 guidance to -0.020-0.020 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. DA Davidson set a $25.00 price target on shares of Appian in a research note on Friday, February 20th. Citigroup cut their price target on shares of Appian from $38.00 to $37.00 and set a “buy” rating on the stock in a research note on Friday. UBS Group set a $25.00 price objective on shares of Appian in a research note on Thursday, April 30th. Wall Street Zen lowered shares of Appian from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 23rd. Finally, Morgan Stanley restated an “equal weight” rating and issued a $25.00 price objective (down from $41.00) on shares of Appian in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Appian presently has a consensus rating of “Hold” and an average price target of $27.50.

Appian Trading Down 7.7%

Shares of NASDAQ:APPN traded down $1.84 during midday trading on Friday, hitting $21.92. The stock had a trading volume of 1,113,135 shares, compared to its average volume of 1,086,506. The company has a market capitalization of $1.62 billion, a PE ratio of 2,194.19 and a beta of 0.88. The stock has a 50 day moving average price of $23.93 and a two-hundred day moving average price of $30.13. Appian has a 1 year low of $19.79 and a 1 year high of $46.06.

Appian (NASDAQ:APPN) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.08. The firm had revenue of $202.18 million for the quarter, compared to the consensus estimate of $191.57 million. Appian had a net margin of 0.12% and a negative return on equity of 27.33%. The firm’s revenue was up 21.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.13 earnings per share. Appian has set its FY 2026 guidance at 0.940-1.050 EPS and its Q2 2026 guidance at -0.020-0.020 EPS. As a group, equities analysts expect that Appian will post 0.33 EPS for the current year.

Appian News Roundup

Here are the key news stories impacting Appian this week:

• Positive Sentiment: Appian beat Q1 expectations, reporting earnings of $0.27 per share versus $0.19 expected and revenue of $202.2 million versus $191.6 million expected, with revenue up 21.5% year over year. Article: Appian (APPN) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Cloud subscriptions revenue rose 25% to $124.5 million, and the company said its AI and cloud strategy is driving stronger growth and improved productivity. Article: Appian Announces First Quarter 2026 Financial Results
• Positive Sentiment: Appian raised its full-year 2026 outlook, guiding EPS to $0.94-$1.05 and revenue to $819 million-$831 million, both above consensus. Article: Appian’s AI bet pays off: Q1 beats estimates, 2026 profit outlook raised
• Neutral Sentiment: The company’s Q2 guidance was close to revenue expectations but slightly below EPS estimates, which may be tempering enthusiasm after the earnings beat. Article: Appian (APPN) stock trades down, here is why
• Negative Sentiment: Despite strong results, investors may be focused on Appian’s still-low profitability and the stock’s premium valuation, leading to profit-taking after the report. Article: This Small-Cap Stock Just Crushed Earnings. Is It a Buy?

Hedge Funds Weigh In On Appian

A number of large investors have recently bought and sold shares of the stock. State of Wyoming lifted its stake in shares of Appian by 55.0% in the 4th quarter. State of Wyoming now owns 1,462 shares of the company’s stock valued at $52,000 after purchasing an additional 519 shares in the last quarter. Legal & General Group Plc grew its holdings in Appian by 1.7% during the 3rd quarter. Legal & General Group Plc now owns 37,730 shares of the company’s stock valued at $1,153,000 after purchasing an additional 632 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in Appian during the 4th quarter valued at $30,000. Northwestern Mutual Wealth Management Co. grew its holdings in Appian by 693.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 968 shares of the company’s stock valued at $30,000 after purchasing an additional 846 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in Appian during the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 52.70% of the company’s stock.

About Appian

Appian Corporation is a global technology company specializing in low-code automation platforms designed to streamline business processes. Founded in 1999 by Matt Calkins, the company provides an integrated suite of tools that enables organizations to build enterprise applications and workflows rapidly with minimal hand coding. The platform combines process management, robotic process automation (RPA), artificial intelligence (AI) capabilities and data integration into a single environment, allowing businesses to accelerate digital transformation initiatives.

The core offering, the Appian Low-Code Platform, empowers users—ranging from professional developers to business analysts—to visually model, design and deploy applications that can automate complex operations, orchestrate tasks across systems, and deliver real-time analytics.